1 Overall Trade Balance

1.1 Trade Balance with Exports and Imports

1.1.1 Table

US Balance of Trade in Goods and Services
Metric May 2024 Jan 2025 Feb 2025 Mar 2025 Apr 2025 May 2025
Balance -74456 -130273 -122011 -138316 -60257 -71517
    Goods -100630 -156147 -147244 -162572 -86304 -97511
    Services 26174 25874 25233 24255 26048 25994
Exports 264976 272436 278685 281074 290572 279000
Imports 339432 402710 400696 419391 350829 350517
Source: U.S. Census Bureau

1.1.2 Overview

1.1.3 12-Month Rolling Sum

1.1.4 YoY Change

1.1.5 3MMA

1.1.6 3MMA SAAR

2 Trade in Goods: Country Analysis

2.1 Monthly Values

2.1.1 Imports from Key Trading Partners

2.1.2 Exports to Key Trading Partners

2.1.3 Imports (12 mo acc.)

2.1.4 Exports (12 mo acc.)

2.1.5 Trade Volume - Monthly Values

2.1.6 Trade Volume - 12 Month Rolling Sum

2.1.7 Index for imports

2.1.8 Index for Exports

2.2 Market Share Analysis

2.2.1 Import Shares (12-Month Rolling)

2.2.2 Export Shares (12-Month Rolling)

2.2.3 Trade Volume Shares (12 mo. rolling)

2.3 MoM Change

2.3.1 MoM Change in Imports by Country

United States - Import of Goods by Country (MoM % Change)
Countries May-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Share of total
European Union 18.2 13.3 7.3 33.2 -35.6 6.9 20.3
Mexico 15.5 2.7 2.7 2.0 -10.3 8.0 16.2
All other countries 14.9 -0.9 5.9 5.6 -9.8 -2.2 16.1
Canada 12.6 8.9 -4.4 -7.8 -17.2 0.5 10.6
China 13.3 6.3 -4.0 -8.1 -18.9 -26.3 7.6
South/Central America 4.9 -4.7 1.3 8.0 -2.4 1.2 5.4
Germany 5.1 10.3 -1.2 3.1 -13.6 4.2 4.8
Japan 4.8 12.3 -12.2 8.4 -0.3 -1.9 4.6
Korea, South 4.3 -0.6 -4.2 13.7 -21.5 14.9 3.9
India 2.7 -1.7 18.7 18.6 -15.0 -7.4 3.1
France 1.8 6.9 0.6 48.5 -22.2 -12.8 1.9
United Kingdom 2.0 17.3 -8.0 11.1 -31.6 3.3 1.7
Brazil 1.3 -2.5 14.3 1.3 -17.1 23.8 1.6
CAFTA-DR 1.1 -11.1 3.6 14.4 -4.2 -5.6 1.2
Israel 0.7 -8.7 5.9 16.8 -11.9 -39.4 0.4
Saudi Arabia 0.5 55.4 -7.6 -29.2 -15.5 18.6 0.3
Source: US Census Bureau
*CAFTA-DR = Central America-Dominican Republic Free Trade Agreement

2.3.2 MoM Change in Exports by Country

United States - Export of Goods by Country (MoM % Change)
Countries May-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Share of total
All other countries 18.1 5.1 -4.2 1.9 0.4 -1.5 18.9
European Union 17.3 7.1 -6.6 11.9 2.8 -2.8 18.7
Mexico 16.3 2.8 2.1 0.7 -4.5 -1.0 15.3
Canada 17.1 3.2 2.8 -2.4 -10.5 -2.4 14.6
South/Central America 10.0 3.6 2.7 -2.8 -0.3 1.3 10.1
United Kingdom 3.3 -19.1 56.6 -12.0 9.1 -13.1 4.4
Japan 3.9 -2.6 6.5 1.8 2.9 -2.9 3.9
China 7.0 -10.4 8.2 -3.7 -19.7 -19.9 3.9
Germany 3.7 17.2 -2.9 18.0 -2.1 -10.9 3.6
Korea, South 3.4 8.9 2.5 -8.1 13.5 -11.7 3.0
Brazil 2.4 -2.3 6.3 1.9 -2.8 7.5 2.7
France 2.0 19.8 -12.7 10.8 -1.2 16.1 2.7
CAFTA-DR 2.2 -1.9 0.2 3.4 -4.0 -0.5 2.1
India 2.1 4.7 8.7 -14.0 21.0 -13.6 2.0
Israel 0.7 -6.1 -0.8 16.1 -16.5 17.8 0.7
Saudi Arabia 0.7 -7.4 24.2 -17.2 55.1 -22.3 0.7
Source: US Census Bureau
*CAFTA-DR = Central America-Dominican Republic Free Trade Agreement

3 Petroleum vs. Non-Petroleun

3.1 Petroleum vs. Non-Petroleum Trade Balance

3.2 Petroleum Trade Flows

3.2.1 Imports

3.2.2 Exports

4 Product Category Analysis

4.1 Top Products

4.1.1 Exports

Top 10 U.S. Exports by HS4 Code – May 2025
HS Code Description Value ($B) Share (%)
8800 CIVILIAN AIRCRAFT, ENGINES, AND PARTS 11.52 6.3
2710 OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. 8.89 4.9
7115 ARTICLES OF OR CLAD WITH PRECIOUS METAL NESOI 7.79 4.3
2709 CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS 7.49 4.1
2711 PETROLEUM GASES & OTHER GASEOUS HYDROCARBONS 6.39 3.5
3002 HUMAN BLOOD; ANIMAL BLOOD; ANTISERA, VACCINES ETC 5.44 3.0
8471 AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC 4.92 2.7
8703 MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS 4.66 2.5
8542 ELECTRONIC INTEGRATED CIRCUITS & MICROASSEMBL, PTS 4.19 2.3
7108 GOLD (INCL PLAT PLATED), UNWR, SEMIMFR OR POWDER 4.16 2.3
Total Exports: $183 billion

4.1.2 Imports

Top 10 U.S. Imports by HS4 Code – May 2025
HS Code Description Value ($B) Share (%)
8471 AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC 20.11 7.3
8703 MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS 15.95 5.8
2709 CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS 12.00 4.3
3002 HUMAN BLOOD; ANIMAL BLOOD; ANTISERA, VACCINES ETC 10.27 3.7
8517 PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA 10.23 3.7
3004 MEDICAMENTS NESOI, MIXED OR NOT, IN DOSAGE ETC FM 7.74 2.8
8708 PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) 7.07 2.6
8473 PARTS ETC FOR TYPEWRITERS & OTHER OFFICE MACHINES 6.78 2.5
2937 HORMONES; DERIVATIVES & STERIODS USED AS HORMONES 6.05 2.2
2710 OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. 4.28 1.5
Total Imports: $276.5 billion

4.1.3 Top Imports Trajectory

4.1.4 Top Exports Trajectory

4.2 Product Category Analysis

4.3 Top Products by HS2

4.3.1 Exports (HS2)

Top 10 U.S. Exports by HS2 Code – May 2025
HS2 Code Description Value ($B) Share (%)
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes. 24.17 13.2
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof. 23.93 13.1
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles. 18.53 10.1
71 Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewellery; coin. 15.59 8.5
88 Aircraft, spacecraft, and parts thereof. 12.35 6.7
87 Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof. 11.35 6.2
30 Pharmaceutical products. 8.44 4.6
39 Plastics and articles thereof. 6.58 3.6
29 Organic chemicals. 5.28 2.9
38 Miscellaneous chemical products. 3.02 1.7
Total Exports: $183 billion

4.3.2 Imports (HS2)

Top 10 U.S. Imports by HS2 Code – May 2025
HS2 Code Description Value ($B) Share (%)
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof. 52.99 19.2
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles. 39.73 14.4
87 Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof. 29.14 10.5
30 Pharmaceutical products. 18.98 6.9
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes. 17.59 6.4
29 Organic chemicals. 9.42 3.4
39 Plastics and articles thereof. 5.69 2.1
71 Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewellery; coin. 4.45 1.6
73 Articles of iron or steel. 3.65 1.3
40 Rubber and articles thereof. 3.07 1.1
Total Imports: $276.5 billion

4.3.3 Imports by General Aggregation

4.3.4 Exports by General Aggregation

4.3.5 Detailed Category Imports

4.3.6 Detailed Category Exports

5 Extras

5.1 Product by Country Tables

5.1.1 Canada Exports

Top 10 U.S. Exports by HS4 Code - Canada - May 2025
HS Code Description Value ($B) Share (%)
8708 PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) 1.15 4.2
2710 OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. 0.96 3.5
8800 CIVILIAN AIRCRAFT, ENGINES, AND PARTS 0.92 3.4
8704 MOTOR VEHICLES FOR TRANSPORT OF GOODS 0.86 3.1
8703 MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS 0.80 2.9
7108 GOLD (INCL PLAT PLATED), UNWR, SEMIMFR OR POWDER 0.68 2.5
2709 CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS 0.45 1.6
8517 PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA 0.44 1.6
8407 SPARK-IGNITION RECIP OR ROTARY INT COMB PISTON ENG 0.40 1.5
8471 AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC 0.38 1.4
Total Exports: $27.4 billion

5.1.2 Canada Imports

Top 10 U.S. Imports by HS4 Code - Canada - May 2025
HS Code Description Value ($B) Share (%)
2709 CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS 6.82 22.6
8703 MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS 2.18 7.2
8708 PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) 0.91 3.0
2710 OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. 0.73 2.4
2711 PETROLEUM GASES & OTHER GASEOUS HYDROCARBONS 0.71 2.4
8411 TURBOJETS, TURBOPROPELLERS & OTH GAS TURBINES, PTS 0.65 2.1
8704 MOTOR VEHICLES FOR TRANSPORT OF GOODS 0.48 1.6
0306 CRUSTACEANS 0.48 1.6
7601 ALUMINUM, UNWROUGHT 0.46 1.5
4407 WOOD SAWN OR CHIPPED LENGTH, SLICED ETC, OV6MM TH 0.44 1.5
Total Imports: $30.2 billion

5.1.3 Mexico Exports

Top 10 U.S. Exports by HS4 Code - Mexico - May 2025
HS Code Description Value ($B) Share (%)
2710 OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. 2.18 7.7
8473 PARTS ETC FOR TYPEWRITERS & OTHER OFFICE MACHINES 2.03 7.2
8708 PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) 1.72 6.1
8542 ELECTRONIC INTEGRATED CIRCUITS & MICROASSEMBL, PTS 1.01 3.6
8471 AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC 0.83 2.9
2711 PETROLEUM GASES & OTHER GASEOUS HYDROCARBONS 0.75 2.7
8800 CIVILIAN AIRCRAFT, ENGINES, AND PARTS 0.58 2.1
1005 CORN (MAIZE) 0.57 2.0
8517 PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA 0.50 1.8
8544 INSULATED WIRE, CABLE ETC; OPT SHEATH FIB CABLES 0.44 1.6
Total Exports: $28.2 billion

5.1.4 Mexico Imports

Top 10 U.S. Imports by HS4 Code - Mexico - May 2025
HS Code Description Value ($B) Share (%)
8471 AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC 7.23 15.6
8703 MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS 4.02 8.7
8708 PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) 3.00 6.5
8704 MOTOR VEHICLES FOR TRANSPORT OF GOODS 2.96 6.4
8544 INSULATED WIRE, CABLE ETC; OPT SHEATH FIB CABLES 1.59 3.4
8517 PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA 0.99 2.1
8701 TRACTORS (OTHER THAN WORKS TRUCKS OF HEADING 8709) 0.81 1.7
2709 CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS 0.81 1.7
8415 AIR CONDITIONING MACHINES (TEMP & HUM CHANGE), PTS 0.80 1.7
8537 BOARDS, PANELS ETC ELEC SWITCH AND N/C APPAR ETC. 0.75 1.6
Total Imports: $46.3 billion

5.1.5 China Exports

Top 10 U.S. Exports by HS4 Code - China - May 2025
HS Code Description Value ($B) Share (%)
8542 ELECTRONIC INTEGRATED CIRCUITS & MICROASSEMBL, PTS 0.76 11.5
8800 CIVILIAN AIRCRAFT, ENGINES, AND PARTS 0.60 9.2
3002 HUMAN BLOOD; ANIMAL BLOOD; ANTISERA, VACCINES ETC 0.54 8.2
8703 MOTOR CARS & VEHICLES FOR TRANSPORTING PERSONS 0.38 5.7
8486 MACH,APP MANUF SEMICON BOULES ETC;C84 NT 11(C);PT 0.23 3.4
2711 PETROLEUM GASES & OTHER GASEOUS HYDROCARBONS 0.21 3.2
3004 MEDICAMENTS NESOI, MIXED OR NOT, IN DOSAGE ETC FM 0.13 2.0
2901 ACYCLIC HYDROCARBONS 0.13 2.0
3822 DIAG/LAB REAGENTS INCL KITS, EXCL HEAD 3006;CRM 0.10 1.5
8517 PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA 0.09 1.4
Total Exports: $6.6 billion

5.1.6 China Imports

Top 10 U.S. Imports by HS4 Code - China - May 2025
HS Code Description Value ($B) Share (%)
8517 PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA 1.08 5.3
8507 ELECTRIC STORAGE BATTERIES, INCL SEPARATORS, PARTS 0.83 4.1
8708 PARTS & ACCESS FOR MOTOR VEHICLES (HEAD 8701-8705) 0.69 3.4
8471 AUTOMATIC DATA PROCESS MACHINES; MAGN READER ETC 0.54 2.6
8473 PARTS ETC FOR TYPEWRITERS & OTHER OFFICE MACHINES 0.53 2.6
3926 ARTICLES OF PLASTICS (INC POLYMERS & RESINS) NESOI 0.37 1.8
8544 INSULATED WIRE, CABLE ETC; OPT SHEATH FIB CABLES 0.33 1.6
3924 TABLEWARE & OTHER HOUSEHOLD ARTICLES ETC, PLASTICS 0.31 1.5
8516 ELEC WATER, SPACE & SOIL HEATERS; HAIR ETC DRY, PT 0.26 1.2
8504 ELEC TRANS, STATIC CONV & INDUCT, ADP PWR SUPP, PT 0.25 1.2
Total Imports: $20.5 billion

5.1.7 Brazil Exports

Top 10 U.S. Exports by HS4 Code - Brazil - May 2025
HS Code Description Value ($B) Share (%)
8800 CIVILIAN AIRCRAFT, ENGINES, AND PARTS 0.91 18.9
2710 OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC. 0.42 8.6
2709 CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS 0.19 3.9
3002 HUMAN BLOOD; ANIMAL BLOOD; ANTISERA, VACCINES ETC 0.17 3.5
3004 MEDICAMENTS NESOI, MIXED OR NOT, IN DOSAGE ETC FM 0.14 3.0
3901 POLYMERS OF ETHYLENE, IN PRIMARY FORMS 0.14 2.8
3808 INSECTICIDES, RODENTICIDES; FUNGICIDES ETC, RETAIL 0.13 2.7
8542 ELECTRONIC INTEGRATED CIRCUITS & MICROASSEMBL, PTS 0.09 1.8
8517 PHONE SETS; OTH APPARAT TRANS/RECEP VOICE/IMG/DATA 0.08 1.7
2701 COAL; BRIQUETTES, OVOIDS ETC. MFR FROM COAL 0.08 1.6
Total Exports: $4.8 billion

5.1.8 Brazil Imports

Top 10 U.S. Imports by HS4 Code - Brazil - May 2025
HS Code Description Value ($B) Share (%)
2709 CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS 0.65 15.4
0901 COFFEE; COFFEE HUSKS ETC; SUBSTITUTES WITH COFFEE 0.34 8.1
0202 MEAT OF BOVINE ANIMALS, FROZEN 0.25 5.9
7201 PIG IRON & SPIEGELEISEN IN PIGS, BLOCKS ETC. 0.17 4.1
7207 SEMIFINISHED PRODUCTS OF IRON OR NONALLOY STEEL 0.16 3.8
4703 CHEMICAL WOODPULP, SODA OR SULFATE, NOT DISSOLY GR 0.12 2.9
8802 AIRCRAFT, POWERED; SPACECRAFT & LAUNCH VEHICLES 0.11 2.5
2009 FRUIT, NUT OR VEG JUICES, UNFERMENT, NO ADD SPIRIT 0.10 2.4
8429 SELF-PROPELLED BULLDOZERS, GRADERS, SCRAPERS ETC 0.09 2.2
6802 WORKED MONUMENT ETC STONE & ART NESOI; GRANULE ETC 0.09 2.1
Total Imports: $4.2 billion

5.2 Country Trajectories

5.2.1 Mexico Import

5.2.2 China Import

5.2.3 Brazil Import

5.3 Product by HS4 Code Tables

5.3.1 HS 8471 Imports

Top 10 U.S. Import Sources for HS 8471 - Automatic Data Processing Machines (May 2025)
Country Code Country Name Value ($B) Share (%)
2010 MEXICO 7.23 35.9
5830 TAIWAN 7.10 35.3
5520 VIETNAM 3.51 17.4
5490 THAILAND 1.10 5.5
5700 CHINA 0.54 2.7
5650 PHILIPPINES 0.11 0.6
4351 CZECH REPUBLIC 0.06 0.3
5570 MALAYSIA 0.06 0.3
4190 IRELAND 0.05 0.3
4280 GERMANY 0.04 0.2
Total Imports: $20.1 billion

5.3.2 HS 8471 Exports

Top 10 U.S. Export Destinations for HS 8471 - Automatic Data Processing Machines (May 2025)
Country Code Country Name Value ($B) Share (%)
2010 MEXICO 0.83 16.9
5830 TAIWAN 0.43 8.8
4210 NETHERLANDS 0.41 8.4
1220 CANADA 0.38 7.7
5590 SINGAPORE 0.37 7.6
5330 INDIA 0.26 5.2
5880 JAPAN 0.21 4.3
5570 MALAYSIA 0.19 3.8
6021 AUSTRALIA 0.17 3.4
4280 GERMANY 0.16 3.3
Total Exports: $4.9 billion

5.3.3 HS 8542 Imports

Top 10 U.S. Import Sources for HS 8542 - Electronic Integrated Circuits (May 2025)
Country Code Country Name Value ($B) Share (%)
5830 TAIWAN 0.98 31.0
5570 MALAYSIA 0.93 29.4
5081 ISRAEL 0.20 6.3
2230 COSTA RICA 0.16 5.1
4190 IRELAND 0.12 3.6
5800 KOREA, SOUTH 0.11 3.6
5700 CHINA 0.11 3.5
5880 JAPAN 0.09 3.0
5490 THAILAND 0.07 2.3
5650 PHILIPPINES 0.07 2.1
Total Imports: $3.2 billion

5.3.4 HS 8542 Exports

Top 10 U.S. Export Destinations for HS 8542 - Electronic Integrated Circuits (May 2025)
Country Code Country Name Value ($B) Share (%)
2010 MEXICO 1.01 24.0
5700 CHINA 0.76 18.1
5570 MALAYSIA 0.62 14.7
5830 TAIWAN 0.59 14.1
5800 KOREA, SOUTH 0.17 4.2
5520 VIETNAM 0.14 3.3
5650 PHILIPPINES 0.10 2.5
5820 HONG KONG 0.10 2.3
3510 BRAZIL 0.09 2.1
5490 THAILAND 0.08 1.9
Total Exports: $4.2 billion

5.3.5 HS 3002 Imports

Top 10 U.S. Import Sources for HS 3002 - Human/Animal Blood; Vaccines (May 2025)
Country Code Country Name Value ($B) Share (%)
4190 IRELAND 3.41 33.2
4280 GERMANY 1.51 14.7
4210 NETHERLANDS 1.18 11.4
4231 BELGIUM 0.84 8.2
4759 ITALY 0.73 7.1
5800 KOREA, SOUTH 0.46 4.5
5880 JAPAN 0.43 4.1
5590 SINGAPORE 0.38 3.7
4419 SWITZERLAND 0.34 3.3
4330 AUSTRIA 0.21 2.0
Total Imports: $10.3 billion

5.3.6 HS 3002 Exports

Top 10 U.S. Export Destinations for HS 3002 - Human/Animal Blood; Vaccines (May 2025)
Country Code Country Name Value ($B) Share (%)
4210 NETHERLANDS 0.71 13.1
4280 GERMANY 0.58 10.6
5700 CHINA 0.54 9.8
4190 IRELAND 0.51 9.5
5880 JAPAN 0.41 7.5
4231 BELGIUM 0.33 6.1
4279 FRANCE 0.29 5.4
4419 SWITZERLAND 0.23 4.2
4700 SPAIN 0.19 3.5
3510 BRAZIL 0.17 3.1
Total Exports: $5.4 billion

5.3.7 HS 1201 Imports

Top 10 U.S. Import Sources for HS 1201 - Soybeans (May 2025)
Country Code Country Name Value ($B) Share (%)
1220 CANADA 0.02 44.0
4623 UKRAINE 0.01 35.3
4621 RUSSIA 0.00 13.8
3550 URUGUAY 0.00 3.4
3370 CHILE 0.00 2.2
3570 ARGENTINA 0.00 0.8
5700 CHINA 0.00 0.3
5830 TAIWAN 0.00 0.1
5330 INDIA 0.00 0.0
5800 KOREA, SOUTH 0.00 0.0
Total Imports: $0 billion

5.3.8 HS 1201 Exports

Top 10 U.S. Export Destinations for HS 1201 - Soybeans (May 2025)
Country Code Country Name Value ($B) Share (%)
2010 MEXICO 0.13 18.5
5600 INDONESIA 0.11 15.5
7290 EGYPT 0.10 14.9
5880 JAPAN 0.08 11.1
5700 CHINA 0.06 8.9
5830 TAIWAN 0.05 7.6
5380 BANGLADESH 0.02 3.4
5520 VIETNAM 0.02 2.9
5570 MALAYSIA 0.02 2.7
3010 COLOMBIA 0.02 2.4
Total Exports: $0.7 billion

5.3.9 Oil & Gas Combined Imports

Top 10 U.S. Import Sources for HS 2709-2711 - Crude oil, fuels, oil gases (May 2025)
Country Code Country Name Value ($B) Share (%)
1220 CANADA 8.27 48.4
2010 MEXICO 1.00 5.8
5170 SAUDI ARABIA 0.74 4.3
3510 BRAZIL 0.71 4.2
3010 COLOMBIA 0.58 3.4
5050 IRAQ 0.55 3.2
4210 NETHERLANDS 0.55 3.2
5800 KOREA, SOUTH 0.54 3.2
3120 GUYANA 0.45 2.6
7530 NIGERIA 0.35 2.1
Total Imports: $17.1 billion

5.3.10 Oil & Gas Combined Exports

Top 10 U.S. Export Destinations for HS 2709-2711 - Crude oil, fuels, oil gases (May 2025)
Country Code Country Name Value ($B) Share (%)
4210 NETHERLANDS 3.40 14.9
2010 MEXICO 2.94 12.9
1220 CANADA 1.64 7.2
5800 KOREA, SOUTH 1.31 5.8
5330 INDIA 1.08 4.7
5880 JAPAN 1.06 4.6
4279 FRANCE 0.85 3.7
3510 BRAZIL 0.68 3.0
5830 TAIWAN 0.64 2.8
3370 CHILE 0.59 2.6
Total Exports: $22.8 billion

5.4 HS4 Product Trajectories

5.4.1 HS 8542 Imports

5.4.2 HS 8542 Exports

5.4.3 HS 3002 Imports

6 Real goods analysis

Real Export Change by Enduse Code
Category $bn chg, $bn % m/m % y/y
Total exports 156.5 5.5 3.6 9.3
Foods, feeds, & beverages 10.1 -0.4 -3.7 -3.5
Industrial supplies 56.6 7.7 15.7 24.8
Capital goods 52.4 0.7 1.3 10.2
Automotive vehicles 10.4 -3.0 -22.1 -21.4
Consumer goods 19.0 -1.1 -5.4 -8.0
Other goods 7.2 0.7 10.9 17.4
Real Import Change by Enduse Code
Category $bn chg, $bn % m/m % y/y
Total imports 240.9 -60.1 -20.0 2.1
Foods, feeds, & beverages 14.3 -0.6 -4.2 -0.0
Industrial supplies 36.5 -15.6 -30.0 -3.9
Capital goods 85.3 -3.2 -3.6 15.5
Automotive vehicles 30.2 -7.5 -19.9 -20.0
Consumer goods 67.9 -32.6 -32.4 6.1
Other goods 10.2 -0.4 -3.7 3.4

7 Services

U.S. Services Exports by Major Category - May 2025
Service Value (\(bn) </th> <th style="text-align:right;font-weight: bold;color: white !important;background-color: rgba(0, 57, 115, 255) !important;"> Share (%) </th> </tr> </thead> <tbody> <tr> <td style="text-align:left;width: 400px; "> <b>Total</b> </td> <td style="text-align:right;width: 100px; "> 98.8 </td> <td style="text-align:right;width: 100px; "> 100.0 </td> </tr> <tr> <td style="text-align:left;width: 400px; "> Maintenance and Repair Services n.i.e. </td> <td style="text-align:right;width: 100px; "> 3.9 </td> <td style="text-align:right;width: 100px; "> 4.0 </td> </tr> <tr> <td style="text-align:left;width: 400px; "> Transport </td> <td style="text-align:right;width: 100px; "> 8.7 </td> <td style="text-align:right;width: 100px; "> 8.8 </td> </tr> <tr> <td style="text-align:left;width: 400px; "> Travel </td> <td style="text-align:right;width: 100px; "> 18.0 </td> <td style="text-align:right;width: 100px; "> 18.2 </td> </tr> <tr> <td style="text-align:left;width: 400px; "> Construction </td> <td style="text-align:right;width: 100px; "> 0.2 </td> <td style="text-align:right;width: 100px; "> 0.2 </td> </tr> <tr> <td style="text-align:left;width: 400px; "> Insurance Services </td> <td style="text-align:right;width: 100px; "> 2.7 </td> <td style="text-align:right;width: 100px; "> 2.7 </td> </tr> <tr> <td style="text-align:left;width: 400px; "> Financial Services </td> <td style="text-align:right;width: 100px; "> 16.6 </td> <td style="text-align:right;width: 100px; "> 16.8 </td> </tr> <tr> <td style="text-align:left;width: 400px; "> Charges for the Use of Intellectual Property n.i.e. </td> <td style="text-align:right;width: 100px; "> 14.9 </td> <td style="text-align:right;width: 100px; "> 15.1 </td> </tr> <tr> <td style="text-align:left;width: 400px; "> Other Business Services </td> <td style="text-align:right;width: 100px; "> 22.2 </td> <td style="text-align:right;width: 100px; "> 22.5 </td> </tr> <tr> <td style="text-align:left;width: 400px; "> Personal, Cultural, and Recreational Services </td> <td style="text-align:right;width: 100px; "> 1.4 </td> <td style="text-align:right;width: 100px; "> 1.4 </td> </tr> <tr> <td style="text-align:left;width: 400px; "> Government Goods and Services n.i.e. </td> <td style="text-align:right;width: 100px; "> 2.4 </td> <td style="text-align:right;width: 100px; "> 2.4 </td> </tr> </tbody> <tfoot><tr><td style="padding: 0; " colspan="100%"> <sup></sup> Source: U.S. Bureau of Economic Analysis</td></tr></tfoot> </table> <table class="table table-striped table-hover table-condensed" style="font-size: 12px; width: auto !important; margin-left: auto; margin-right: auto;border-bottom: 0;"> <caption style="font-size: initial !important;"><div style="text-align: center; color: #AE0E16; font-weight: bold; font-size: 18px; margin-bottom: 15px;">U.S. Services Imports by Major Category - May 2025</div></caption> <thead> <tr> <th style="text-align:left;font-weight: bold;color: white !important;background-color: rgba(0, 57, 115, 255) !important;"> Service </th> <th style="text-align:right;font-weight: bold;color: white !important;background-color: rgba(0, 57, 115, 255) !important;"> Value (\)bn) Share (%)
Total 72.8 100.0
Maintenance and Repair Services n.i.e. 0.7 1.0
Transport 12.7 17.5
Travel 15.5 21.4
Construction 0.3 0.5
Insurance Services 8.5 11.7
Financial Services 5.5 7.6
Charges for the Use of Intellectual Property n.i.e. 4.4 6.1
Other Business Services 14.2 19.4
Personal, Cultural, and Recreational Services 2.2 3.1
Government Goods and Services n.i.e. 2.2 3.0
Source: U.S. Bureau of Economic Analysis

8 Appendix

8.1 Note 1

Section 1 is the only section where the goods data is on a BOP basis. The services data from this section and from all other section is released on a Census basis. While it may seem unconventional to release goods data and services on different bases, trade balanced data is released in this form by Bloomberg, tradingeconomics.com as well as the Census itself.

8.2 Note 2

The data displayed on Section 2 contains a gap between 2010 and 2012. This is a quirk of the excel spreadsheet released by the U.S. Census Bureau. ## Note 3: Petroleum Differences {.tabset} This report uses two different definitions for petroleum. The first definition is the Census definition of petroleum employed in section 3, and the second definition uses the Harmonized System (HS) and is used in sections blah and blah. In general, beyond fuels, petroleum gases and crude oil, the Census definition covers chemicals such as benzene and toluene, whereas the HS definition focuses on different forms of crude oil (code 2709), fuels (code 2710) and petroleum gases (2711). Despite these differences, the following figures display the significant overlap in both definitions. In Figures A1-A4, Petroleum denotes the Census definition whereas “Oil” denotes the “Crude oil, fuels, petroleum gases” HS definition.

8.2.1 Figure A1

8.2.2 Figure A2

This report was automatically generated using R Markdown. For questions or updates, please contact the Trade Analysis Team.